Examlex
The sampling method in which a population is divided into blocks and then selected by choosing a random mechanism is called a:
Budgeted Purchases
An estimate of the total value or quantity of goods a company plans to purchase over a specific period, typically part of the budgeting process.
Sales Forecast
Sales forecast is an estimate of the expected sales revenue for a particular period, based on historical data, market trends, and analysis.
Ending Inventory
The value of goods available for sale at the end of an accounting period, calculated by adding purchases to beginning inventory and subtracting cost of goods sold.
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